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NVTS Q1 2023 Earnings — Navitas Semiconductor Corporation Revenue & Financial Results | Market Cap Arena
NVTS
Navitas Semiconductor Corporation
$2B
Q1 2023 Earnings
Technology
Semiconductors
Income Statement
Revenue
$13M
+98.2% YoY
Gross Profit
$5M
41.1% margin
Operating Income
-$35M
-265.5% margin
Net Income
-$62M
-463.0% margin
EPS (Diluted)
$-0.39
QoQ Revenue Growth
+8.2%
Cash Flow
Operating Cash Flow
-$8M
Free Cash Flow
-$9M
Stock-Based Comp.
$17M
Balance Sheet
Total Assets
$416M
Total Liabilities
$71M
Stockholders' Equity
$345M
Cash & Equivalents
$101M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$13M
$7M
+98.2%
Gross Profit
$5M
$3M
+85.1%
Operating Income
-$35M
-$35M
-1.3%
Net Income
-$62M
$80M
-177.5%
← FY 2023
All Quarters
Q2 2023 →